Spanish Two-Year Government Notes Climb for 11th Day; Yield Falls to 2.25%

Spanish two-year notes advanced for the 11th day, pushing the yield on the security down seven basis points to 2.25 percent at 9:07 a.m. London time.

Ten-year Spanish bond yields dropped six basis points to 4.93 percent, while similar-maturity Italian rates declined nine basis points to 5.10 percent.

Two-year Italian note yields were 11 basis points lower at 2.03 percent.

To contact the reporter on this story: Emma Charlton in London at echarlton1@bloomberg.net

To contact the editor responsible for this story: Daniel Tilles at dtilles@bloomberg.net